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before she died. i want to bring in lieutenant paul vance with the connecticut state police. he's the lead spokes man, you've seen him speaking many times. it's been a very difficult job to have to update the world on what he knows. he joins me on the phone now with the latest. i appreciate it, we all do because everyone wants to understand what happened here. we have confirmed as you just heard, that nancy lanza was away in the days before the shooting. what can you tell us about her relationship with her son? >> i think what's important is to make sure that everyone understands that our investigators, our state police detectives have to take every piece of information and confirm it. ensure that it's totally accurate, and totally pristine and without error before we can come out publicly and state it. therefore, we haven't really come out and stated anything too too much relative to the relationship with the shooter, prior to the catastrophe that happened at the school. >> all right and i understand that. we don't want you to rush it, then have to change what you say, so i do
a special edition of "starting point" from newtown, connecticut. we begin right now. >>> welcome, everybody. a special edition of "starting point," live this morning from newtown, connecticut, the site, of course, where an unthinkable massacre at an elementary school has really shifted the landscape in the gun control debate. here is the latest on that president obama meeting with senior staff and cabinet members yesterday, to see proposals that will include reinstating a ban on automatic weapons. overnight, we've learned dick's sporting goods has banned the sale of ar-15 rifles and other guns like it. in fact, the modern sporting rifles section of dick's website, blank this morning. the company released a statement saying this. out of respect for the victims and their families, we have removed all guns in our store nearest newtown and suspended the sale of modern sporting rifles in all of our stores chain wide. in this community, grief counselors and extra police patrols will be on hand this morning when children, all over newtown head back to class for the first time since friday. sandy h
the fiscal cliff. >>> another day of painful goodbyes in newtown, connecticut. for the fourth straight day funerals of children gone far too soon. >>> among our guests this morning, we'll be talking to senator richard blumenthal, senator johnny isaacson, congressman peter king. it's thursday, december 20th, and "starting point" begins right now. >>> good morning, welcome, everybody. the first significant winter storm of the season is our starting point this morning. it threatens to derail some holiday travel plans for maybe millions of americans along with the snow. there's also a threat of tornados in the south. the governor of wisconsin has declared a state of emergency even before the storm hits. six states across the midwest are under blizzard warnings. the system stretches all the way from the great lakes to colorado. the rocky mountain state already taking a big beating. 156-mile stretch of interstate 70 had to be shut down yesterday because of the snow. it reopened late last night. >>> this morning, 36,000 people are without power in the state of iowa. lots of folks hoping to get a
people laugh, but not these days. how a connecticut morning radio show has become a way for listeners to heal. powerful words coming up. a res, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. >>> a morning show usually sounds like a fraternity show. after the sandy hook shooting, the dejays got serious and started taking calls from people trying to deal with tragedy. >> friday was strange. we went from in the morning doing one of the most happy, upbeat, fun shows of the year. >> next year's going to be even better. >> to in the afternoon doing the saddest show of our careers. >> he was one of the first responders to the scene. how are you? >> i'm doing okay. >> never in yo
. >>> their community style reeling, students in newtown, connecticut returned to classes for the first time since last week's shooting at sandy hook. two of the first graders killed, jessica rekos and james mattioli, they were buried yesterday. four more funerals are scheduled today. >>> the national rifle association breaking its silence on the newtown school massacre. the gun rights lobby issuing a statement saying, quote, out of respect for the families and as a matter of common decency, we've given time for mourning, prayer and a full investigation of the facts before commenting. the nra is prepared to offer meaningful contributions to help make sure this never happens again. >>> about half of 292 fraternity members wanted in connection with a hazing death have turned themselves this this morning. members at northern illinois university are facing hazing charges after police say a 19-year-old pledge drank himself to death last month. his blood alcohol level was five times the legal limit. >>> thousands of fans expected to gather today to celebrate the life of jenni rivera. a memorial will be held
their lives in the sandy hook elementary school shootings in newtown, connecticut. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. can i still ship a gift in time for christmas? yeah,
the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversing its move lower this morning, sold more than 2 million iphone 5s in china. the best debut for any iphone in the china market. apple shares are higher as we mentioned. moving away from market bear territory. apple h
in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end
:15 moment of silence remembering what happened in connecticut. so i don't know. it seems to be maybe there is a muted sense there's going to be a spirit of compromise up there in washington now. we've seen some rotational action. cyclicals are down, banks are up. they seem to anticipate that this is going to be resolved. and then the implications are if we don't have a santa claus rally as we talked about, then we'll see something in january. because this last quarter has been sort of a wait and see kind of thing. that would probably speak to a good quarter for us next time around. >> you know, i wonder. i don't know that anybody's happy with oh, well this is going to be a january affair. and we're not going to deal with this after christmas. did you see a change in money flows? you're there on the floor watching real money move throughout sectors. did you see any change today or on friday as people felt that maybe we are at the beginning of a deal? or still people are sort of sitting on their hands and not wanting to move money around? >> getting more active. but it's been rotationa
'd like to say, that i think all of our hearts and prayers are with the families in newtown, connecticut. as a father, i cannot even imagine the utter horror that those families are going through right now, grieving the loss of their children and their loved ones. as far as the fiscal cliff is concerned, as the speaker has said, we remain committed to trying to minimize the impact on hard-working families and small businesses in this country, as far as tax increases are concerned. we look to find the answer to solve the problem on the spending issue here in washington. the president is not yet there. he has not come to where he needs to be in order for us to push through a bill that really does begin to address the problem. and as the speaker said, that's why we are now discussing an alternative plan, if the president and the white house cannot come our way. thank you. >> as the speaker and the leader said, we've been trying to make sure we do not go off this fiscal cliff. but at the same time, put america on a different path. one for job creation, one that also takes care of our spendin
factories. i'm not being anti-union here. i'm pro-union. i want factories in connecticut, in rhode island, in massachusetts, across new england reopened. but the jobs from overseas, they're not going there. they're not going there because of work force rules that i think even trump told me were outdated and outmoded. >> is our education system outdated? >> no. >> our union advocacy, is that outdated, how they go about fighting for it? i don't know. that question was put on the table. whether factories are shut, that means jobs have left. if you look at wages enjoyed by workers in right-to-work states, i think it should be put on the table. where do they fare? i have not done the analysis so it's hard to say. >> it's a question, though, willie, whether you want the job or not. >> right. >> i asked bob riley, i've said this 1,000 times, it seems extraordinarily important if you're a union member in the northeast, and like me, you want your factories running again. i asked bob riley, i don't understand, why did mercedes go to tuscaloosa county, alabama, instead of filling up the factories in
to class. reporting live in newtown, connecticut, danielle lee. bill, back to you. >> thanks, danielle. i'll take it. 45 minutes, 40 minutes rather before the closing bell sounds for the day. a market that's holding on to the gains very close to the highs, up 98 points, shy of the high, 13,333 on the industrial. j.c. penney and groupon's ceo on herb greenberg's list of worst ceo. he'll be along to tell us why he's being so mean to these ceos. and coming up, home depot founder ken langone will join me coming up and will join me for the entire hour next hour on the "closing bell." [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's
't have to face a filibuster. we've got to keep in our minds what just happened in connecticut. we've got to keep those children in our minds. and it touched the hearts of everybody. and i think if we do that and we forget about our political skins for five seconds, we can get something done. and with joe doing his work and senator feinstein and others like senator lautenberg working on high capacity clips, i'm working on school safety, chuck schumer is working on mental health help we have a very good team of people working on all these issues. and it should happen. >> when you talk about what we need to put aside in order to make this progress, i know that you tonight were one of the senators who attended this big bipartisan screening for the senate of the movie "lincoln." i just -- a, i liked the movie. but b, i liked that you all went together, that it was democrats and republicans in the senate going together to find some common ground. i sort of think of it as a movie club or a book club for you. i wonder, a, how it went, and b, if that made you feel any differently than you might h
elections. it's likely to happen. and the school massacre in connecticut is now elevated gun control. democrats had been steering away from the issue out of political fear. connecticut changed the equation and the president will offer proposals in his state of the union. he'll face strong opposition from republicans and the gun lobby. that means bet on some action but not the sort of restrictions democratic liberals prefer. >> our thanks to john harwood. let's try to go back to mary thompson and see what is moving at the new york stock exchange. >> well, things are moving and my mike is finally working. as i mentioned earlier or was trying to mention, the dow had briefly dipped below 13,000. it is off the lows of the day. but again, wall street continues to keep watch on wall street or washington. most specifically the 3:00 meeting between the president and the leaders of congress. volumes today as you might expect, this is the second to last trading day of the new year, volumes are low. in fact, they're tracking below yesterday's levels, which were also very weak. as it stands right
. you know, the court in a case called griswald versus connecticut know there is a right to privacy in the u.s. constitution. but it has never been explicitly applied to text messaging and -- this case and if a law like this is passed, i think you will see the courts looking at whether text messages are legitimately private. i will say one thing, it is clear, by the way, that the cops would have to get a certain much warrant to get your text messages. but here, this is a law that will force companies to save the text messages for an extensive period of time. >> does it make them liable? >> well, maybe american citizens don't want the stuff stored for an extensive period of time. let's say you were applying for a job and the employer said you know something, i want to see what kind of a person you are, give me an authorization for all your text message it is last five years. and you say -- oh, what? how many american citizens would want that to happen? this is a major privacy issue. it has never been addressed directly by congress. i think it is going to be enormously controversial.
is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively h
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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